Circle
Circle|Mar 21, 2025 19:01
Circle President Heath Tarbert highlights the role of stablecoins in modernizing the US dollar for the digital age on @FoxNews. Stablecoins are digital dollars that move securely and instantly on blockchain. They are fully reserved, and pegged 1:1 to the U.S. dollar. With clear federal regulation, stablecoins can enhance financial efficiency, reduce transaction costs, and strengthen the US economy while ensuring consumer protections. The Office of the Comptroller of the Currency has authorized national banks to issue and process stablecoins, marking a significant step for financial integration. Proper regulation of stablecoins can promote innovation, economic security, and global financial inclusion. Stablecoins are not just a technological breakthrough; they represent an evolution in the very fabric of global finance. https://www.foxnews.com/opinion/how-we-protect-us-dollar-dominance-digital-age
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